Are your tradies making you money? If your business’s goal is to reach your break-even point and get into the profit zone, you’ll want to use key performance indicators (KPIs) to better understand whether your tradies are on track or veering off route. Where’s the best place to start?
Developed by Andy and Angela Smith, fellow trade business owners and co-founders of Lifestyle Tradie, the KPIs for Tradies Guide and Staff Performance Dashboard will help you track performance indicators with your team, providing you with the right data to make informed decisions.
In our own trade business, we track performance indicators every week and review KPIs with team members on a monthly basis to identify when they’re killing and when they’ve hit a slump.
Here’s our Staff Performance Dashboard template, including the metrics we use to measure the performance of our team of tradies. With this template, you can complete your own dashboard!
You’ve now got the right data to make informed decisions about your team. Want to know HOW to use this to develop targets for your tradies? Andy and Angela explain here.
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